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Differentiate between the forecasting and planning.
Describe the necessary pre-requisites for an efficient budgetary control system.
Compute the budgeted collection from debtors for 3 months of October, November and December 2008
High proprietary ratio deprives a company of the advantages of trading on equity. Do you agree?
Critically discuss the different implied conditions and warranties in the contract of sale?
Illustrate out the legal rules of the valid offer. Critically discuss the term capacity to contract. Write down the effect of the agreement made by persons not qualified to contract.
Illustrate out the term misrepresentation. Critically illustrate out the term Quantum merit.
Write down about the net assets method. Write down the entry for the Realisation of profit.
Critically discuss the role of the cost accounting and financial accounting in Management accounting.
In brief discuss significant aspects of the valuation of Inventory and Fixed Assets as laid down by Accounting Standards.
Discuss the details of accounting standards regarding valuation of the inventory and depreciation policy.
Create journal entries to make the needed adjustment in YZ’s consolidated financial statements for year ended 30 September 2013 for the above.
Recognize TWO advantages of having the ethical code for accountants.
Illustrate the uses of inventory information. What do you understand by the cost centre? How do you construct cost centre in Tally.
How do you demonstrate the balance sheet in Tally. How do you change and alter a Balance Sheet? Illustrate with an illustration.
Create all entries to record this hedge through December 31, 2011.
What will the effect on earnings have been if the predicted purchase were not hedged?
You’re required to pass the essential journal entries in books of A Ltd.(transferee company)when combination is by way of (i) merger.
Create the entry Parchment requires to make and calculate the balance in Parchment's investment in Fancy account.
Create an allocations schedule and S&A consolidation journal entry for the December 31, 2008 consolidation worksheet.
Record payment of one-year insurance premium of 3,000 on March 1 by using the horizontal model or write down the journal entry.
In brief illustrate concept of Profit or Volume Ratio. In brief illustrate out features of cash flow statements.
Create bank reconciliation as of 31 Oct from the following: $844: Oct 31 cash balance in the general ledger.
Suppose also that the machines will be depreciated using the straight-line method over seven years and that they have a ten-year life with a negligible salvage value. Should company continue to ren
For each of the events given below point out in which fund(s) of Cityville event would be recorded and give explanation for your fund selection. Cityville accumulated propperty taxes levied for the